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For Indie Films, Video-on-Demand Fills in Revenue Gap

Independent filmmakers are embracing video-on-demand services to make up for shrinking revenue from theatrical releases and DVD sales.

Last week, Weinstein Co. bought a 25% stake in Starz Media from Liberty Media Corp. for an undisclosed price. Owning a piece of Starz Media, which licenses and distributes films and TV shows for video-on-demand and online distribution, gives the studio flexibility to deal with the shifting media...